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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . Add a home inspection contingency clause to the contract as well for further peace of mind. .

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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

I hope you find her article to be helpful! For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

When it comes to nuisance neighbors, I try to visit with real estate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Most agents are great to visit with about things like this and are generous with their time, at least in my experience. Probably not.

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Don’t Fall For These 6 Real Estate Scams

McKissock

In terms of real estate, the internet has made it easier for affluent buyers to invest in real estate overseas. According to an article published in The Miami Herald , the FBI reported almost $1 billion was “diverted or attempted to be diverted” and wired to unlawful accounts in 2017.

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Pros and Cons to Selling a House As Is

PennyMac

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition. Rent your home out.

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What to Do If You Inherit A Home

McKissock

This means having to renovate the house so that it is in good condition, which is never cheap. Note: Keep in mind that you will need to ensure the property is in the best shape for you to live in (renovation costs) and that moving in could lead to an increase in property taxes. Download here. Rent out the property.